Is 13131, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 13131 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 13131 has remained a Seller's Market.

Key Takeaway

13131 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 13131, NY

How much do homes in 13131, NY cost?

Median Sold Price

$235,000

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$56,750(+31.8%)

Key Takeaway

Homes in 13131 have sold for 31.8% more than they did a year ago.

Summary: The median home sold price in 13131 was $235,000 in December 2024, up 31.8% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $164K$80K
-51.2%
2 $140K$194.3K
+38.8%
3 $205K$248.9K
+21.5%
4 $210K$250K
+19.0%
5+ $250K$194.9K
-22.0%

Summary: 13131 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51.2%, 2 bedroom homes increased by 38.8%, 3 bedroom homes increased by 21.5%, 4 bedroom homes increased by 19%, and 5+ bedroom homes decreased by 22%.

Median Sold Price Compared To Nearby Zip Codes

13131
+31.8%
13036
+5.7%

Housing Supply in 13131, NY

How many homes are available in 13131, NY?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
137-46.2%

Summary: The 13131 real estate market had 7 homes for sale in December 2024, a 46.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 42
-50.0%
4 74
-42.9%
5+ 10
-100.0%

Summary: The 13131 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 13131, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 13131 in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 13131, NY

How long does it take to sell a home in 13131, NY?

Average Sale Time

Dec 2023Dec 2024CHANGE
59 Days24 Days-58.2%

Summary: Homes in 13131 had an average of 24 days on market in Dec 2024, down by 58.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 13131 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in 13131; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in 13131, NY

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